The US is taking more steps in a bid to further isolate Russia from the global financial system, according to a statement posted on the White House's website.
Patrick Semansky/AP, Mikhail Klimentyev/APMany oligarchs' favored goods won't be available in Russia, due to the new sanctions.
The sanctions will also prevent the import of goods from several signature sectors of Russia's economy, further sanctions on , saying: "Those who sustain Putin's war machine should no longer be able to enjoy their lavish lifestyle while bombs fall on innocent people in Ukraine."
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